Generic domain based a real dictionary word which makes it a highly valuable name.
The name "chastise" has eight letters and only two syllables. Two syllable names make popular global brands. Two syllable names are used by established brands like Honda, Starbucks and FedEx.
This domain was first registered in November 1998. Older domains have an advantage when ranking in search engines.
Chastise.com is a dot com domain. Dot com domains are the most valuable domain extension in the world, famously used by websites like google.com. A dot com is the first thing people think of when they think of a website.